Does Maryland Require an Operating Agreement?
No, but it is strongly recommended nonetheless. The agreement establishes transparent operational policies and safeguards the company and its members from potential disputes or legal actions.
By Type (2)
Multi-Member LLC Operating Agreement – Procures a contractual arrangement noting the specific protocols regarding the ownership structure, financial policies, and operating procedures for all members of an LLC.
Download: Adobe PDF, MS Word (.docx)
Single-Member LLC Operating Agreement – Designates to form the operational rules of an LLC with a single owner.
Download: Adobe PDF, MS Word (.docx)
Comments